% 0.16
BTC Dominance:
% 0.13
Market Cap:
$2.34 T
% 0.00
Fear & Greed:
53 / 100
$ 64.151
BTC Dominance:
% 54.1
Market Cap:
$2.34 T

Erroneous Burning of $10 Million by Meme Coin Project Slerf!


Solana based memecoin project Slerf (SLERF), announced that the tokens allocated for pre-sale have been burned. Here are the details!

With Bitcoin reaching new peak levels, interest in the cryptocurrency industry continues to increase every day. Lately, there’s a memecoin frenzy that is gaining the attention of investors.

The huge rises in memecoins based on Solana (SOL) attracted attention to this category. As the Solana network grows rapidly, a significant share of the market volume continues to shift to memecoins.

Burned $10 Million Worth SOL!

The Solana-based memecoin project Slerf (SLERF) announced on social media that they accidentally burned approximately 5,171,020 SOL, worth $10 million, collected for pre-sale.

The participants who sent SOL to the team to benefit from the pre-sale could not receive any SLERF. Following this development, a sharp rise and then a decline were observed.

Slerf stated in their post that there was nothing they could do to fix the situation, they were very sorry and they didn’t know what to do.

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READ:  LBank Donates Slerf 1400 SOL!

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